5N Plus (TSE:VNP) Hits New 1-Year High at $6.26

5N Plus Inc. (TSE:VNP)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as C$6.26 and last traded at C$6.17, with a volume of 247036 shares changing hands. The stock had previously closed at C$5.89.

Wall Street Analyst Weigh In

Several research firms recently issued reports on VNP. National Bankshares upped their target price on 5N Plus from C$0.60 to C$0.65 and gave the stock an “outperform” rating in a report on Tuesday, May 7th. Cormark upped their price objective on 5N Plus from C$5.50 to C$7.50 and gave the stock a “buy” rating in a research note on Friday, June 7th. Desjardins raised their target price on shares of 5N Plus from C$6.25 to C$6.75 and gave the company a “buy” rating in a research note on Wednesday, June 5th. Finally, Raymond James boosted their target price on shares of 5N Plus from C$6.00 to C$7.00 in a report on Wednesday, May 8th.

5N Plus Stock Up 4.8 %

The company has a quick ratio of 1.51, a current ratio of 3.21 and a debt-to-equity ratio of 114.88. The firm has a market capitalization of C$547.83 million, a price-to-earnings ratio of 23.80, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.65. The firm has a 50 day moving average of C$5.38 and a two-hundred day moving average of C$4.58.

5N Plus (TSE:VNP) last posted its earnings results on Monday, May 6th. The company reported C$0.04 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.05 by C($0.01). 5N Plus had a return on equity of 13.41% and a net margin of 6.53%. The company had revenue of C$87.66 million for the quarter, compared to the consensus estimate of C$88.32 million. As a group, sell-side analysts anticipate that 5N Plus Inc. will post 0.2529264 EPS for the current fiscal year.

Insider Activity at 5N Plus

In related news, Director Jean-Marie Bourassa acquired 5,800 shares of the stock in a transaction dated Wednesday, May 15th. The stock was bought at an average cost of C$5.18 per share, for a total transaction of C$30,044.00. In related news, Director Jean-Marie Bourassa acquired 5,800 shares of the stock in a transaction dated Wednesday, May 15th. The stock was bought at an average price of C$5.18 per share, for a total transaction of C$30,044.00. Also, Senior Officer Richard Perron sold 4,200 shares of 5N Plus stock in a transaction on Tuesday, June 11th. The shares were sold at an average price of C$6.08, for a total transaction of C$25,536.00. 4.82% of the stock is currently owned by company insiders.

5N Plus Company Profile

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.